Industry news

Long established as the most popular off-road hauler in the Chinese market, wide-bodied trucks are finding increasing popularity overseas

Off-Highway Research will continue to expand its coverage of South America in 2025 with the launch of new families of reports. Subscribers to the Standard, Premium and Expert packages will all benefit from these new additions.

Off-Highway Research has published a new in-depth report on the construction equipment rental industry in North America. The study combines analysis of Off-Highway Research’s data along with insights gleaned from multi-year analysis of benchmark industry league tables produce by KHL Group’s International Rental News, Access Lift & Handler and American Cranes & Transport.

Prospects are bright for the rest of the decade with demand for commodities and the need for infrastructure expected to continue to sustain the most important construction equipment market in the ASEAN region.

Off-Highway Research has published a report on the telescopic handler industry in China for the first time. Although the domestic market is small, production has grown steeply for several years.

After the high of 2022, the Colombian construction equipment market is going through a downcycle, with sales expected to bottom-out in 2025.

After two years of sharply falling sales the Chinese excavator market is expected to bottom out this year before growing again in 2025. However, it will be a gradual return to growth, which could have implications for the structure and function of the market.

Sales of compaction equipment in India could reach a 10-year high by the end of the decade thanks to continued investment in road building. However, there are short term obstacles to negotiate.

Our report on the construction equipment industry in Indonesia will be published in September. Heightened mining activity has taken the market to record levels over the last two years, while the need for infrastructure should support demand in the years to come.